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Berger: Dax relief rally is all about bonds and here's why

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Wednesday saw the Dax pick up after it entered a correction earlier this week. Serge Berger, known as the Steady Trader, says it's primarily linked to the volatility in the bond market which has bounced off the lows.

Berger also touches on Greece which he thinks is more of a short-term market movement indicator than anything else.

Earlier this week, Serge discussed why he was shorting the Dax and looking to buy the dips. He closed that position on Tuesday and says he is now long the Dax and expecting a bounce later this month or early next.